Southeast

BRADENTON, Fla. — Florida’s AAA implied general obligation rating is “not affected at this time” because of the oil spill crisis in the Gulf of Mexico, Standard & Poor’s said in a special bulletin released yesterday.

BRADENTON, Fla. — Moody’s ­Investors Service yesterday said that credit quality in Tennessee could be affected over the long term because of floods earlier this month that saw federal disaster declarations for 45 counties covering nearly half the state.

BRADENTON, Fla. — The Kentucky General Assembly yesterday began what is expected to be a week-long special session attempting to break an impasse over the biennial budget and appropriate funds for upcoming debt-service payments.

BRADENTON, Fla. — As the Deepwater Horizon oil spill expands, attorneys in Florida have begun talking about devising an emergency financing program for a quick clean-up response.

BRADENTON, Fla. — Just ahead of a planned sale of up to $775 million of general obligation bonds, Moody’s Investors Service has placed the Aa1 rating of Nashville’s consolidated government on watch for possible downgrade, citing the devastating recent floods and tornadoes, among other reasons.

DALLAS — The Louisiana State Bond Commission gave its approval yesterday to refunding and restructuring $300 million of fuel-tax bonds issued in May 2009 to finance a portion of a constitutionally mandated transportation program.

Two bond-issuing authorities in Virginia entered into a voluntary closing agreement with the Internal Revenue Service to preserve the status of $74.3 million of bonds after one of them sold its waste-to-energy facilities, which were financed with the bonds, to Wheelabrator Portsmouth Inc.

BRADENTON, Fla. — Miami-Dade County commissioners on Tuesday said they stand ready to take over the Jackson Health System should the current board overseeing South Florida’s largest public hospital fail to rectify the financial crisis it now faces.

BRADENTON, Fla. — Florida is on the cusp of joining a nationwide trend by giving local governments the authority to use municipal bonds to help homeowners finance energy-conservation improvements.

BRADENTON, Fla. — Moody’s Investors Service yesterday said the Deepwater Horizon oil spill may ultimately result in negative credit impacts on state and local governments in Louisiana, Mississippi, Alabama, and Florida.